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Answer to Question #153080 in Economics for Hite

Question #153080
When an investor's is held personally liable for the debts incurred by his business he is said to have a limited liability
1
Expert's answer
2020-12-31T09:17:09-0500

When an investor's is held personally liable for the debts incurred by his business he is said to have an unlimited liability.

So, the statement is incorrect.


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